What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
HBTL-05: This paper discusses links among three familiar developments in US housing markets over the last quarter century: ongoing “sprawl” of housing units away from…
W02-10: This paper examines the rationale for mixed-income approaches to affordable housing development, as well as the record of such developments in meeting their…